Credit contraction at 0.7 pct in Feb, balance at 153.74 bln
Deposits rise by 1.06 bln in Feb
Budget primary surplus confirmed at 831 mln in Feb
Travel balance surplus up by 27 pct in January to 80.2 mln
Industrial turnover rises by 5.7 pct in January
Current account shows deficit of 1.29 bln in January
Parliament Budget Office welcomes deal, warns on economic prospects and reform implementation
The agreement reached with lenders is an important first step towards restoration of confidence, inclusion of Greek government bonds in the European Central Bank’s QE programme and a future return to capital markets, according to the Parliament Budget Office's (PBO) first quarter (Q1) report.
However, the PBO stresses that the economic situation in Q1 is disappointing in comparison with expectations.
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